Latest Stock Market News

Nifty extended its winning streak, surpassing a key resistance level, but analysts foresee challenges around 25,500-25,670. Despite potential headwinds from US visa policy changes impacting the IT sector, technical indicators suggest a bullish outlook. Experts advise traders to capitalize on dips, highlighting Samman Capital and Piramal Pharma as potential buys with specific targets and stop-loss levels.

IPO market is booming this September. Several small and mid-sized companies are launching IPOs before the end of the month. Twenty-five IPOs are expected this month. Many companies are rushing to avoid competition from larger firms in the next quarter. Nine IPOs have already opened, and more are scheduled.

Atlanta Electricals, a transformer manufacturer, is launching an IPO to raise ₹400 crore for expansion and debt repayment, alongside a ₹287 crore offer for sale. While the company boasts a strong order book and growing revenue, its operating margin lags behind peers, and it faces high customer concentration. Investors with a higher risk tolerance might find this IPO appealing.

Reserve Bank of India establishes a Regulatory Review Cell. This cell will streamline regulatory changes. It will also quicken the review process. Financial institutions can now flag redundant rules. They can also provide feedback on dated regulations. An advisory group, led by State Bank of India MD Rana Ashutosh Kumar Singh, will channel industry feedback.

Despite global economic concerns, Indian stock markets are nearing record highs. Sensex and Nifty are close to peak levels. Domestic liquidity is driving the market. Foreign selling has receded. Investors are cautious due to high valuations and trade tensions. Some investors are shifting towards gold. Market participants are unsure about the sustainability of the rally.

Indian equities rose for the third week due to positive domestic and global cues, including optimism about India-US trade talks and a potential US Federal Reserve rate cut. However, concerns arose from Trump s H-1B visa policy. YES Bank gained confidence from SMBC s stake purchase, while IT stocks faced pressure. NTPC aims to secure uranium assets, and ONGC plans offshore drilling.

Asian markets saw gains, led by Japan, after its central bank addressed ETF concerns. Australian and South Korean shares also increased. US equity futures showed mixed performance amid H-1B visa fee worries. Trump touted progress on China issues. Wall Street reached new highs, fueled by rate cut prospects. Focus shifts to China s loan rates and upcoming economic data.

Gold prices are stable near record highs. Investors are watching for United States inflation data. Many Federal Reserve officials will speak this week. The central bank may further ease monetary policy. The Personal Consumption Expenditure price index data is due on Friday. Markets expect two more rate cuts this year. SPDR Gold Trust holdings increased.

Oil prices saw a slight increase due to geopolitical tensions in Europe and the Middle East. Russia s actions near Poland and airspace violations raised concerns. Ukraine s drone attacks on Russian energy infrastructure added to the unease. Four Western nations recognized Palestinian state, further escalating regional tensions. Increased oil supply from Iraq also influenced the market.

The dollar remained stable as investors anticipated insights from Federal Reserve officials regarding future interest rates. Currency movements were subdued after recent rate decisions by the Fed, Bank of England, and Bank of Japan. The yen weakened slightly, while sterling fell due to domestic economic concerns.